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     | Sunday, October 15, 2000 - 05:50 pm  Has anyone used "FEDERAL REAL ESTATE SERVICES" or "GHI Arizona Mortgage Foreclosures" (the same service) for "US Bank and Government Foreclosures?" It seems really strange that they only send out snail mail, I'm used to downloading that info 10 years ago in California and would much prefer an on-line service. I'll keep on looking ...
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| | Sunday, October 15, 2000 - 05:58 pm Forgot to add the link: https://www.federalrealestate.net/affiliatecenter/0111.htm This seems to be a nationwide service, $110.00 + 39.95 S&H Twelve Issues (one year) per State. Also, the URL indicates that "GHI Arizona Mortgage Foreclosures" is only a front for ads and has nothing to do with foreclosures. So I looked around a little more on that site and that's what it is. No content except ads. Clever. Do nothing, get paid. Anyway, I know there are much better foreclosure data services in California, with daily downloads, don't know about the rest of the country.
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| | Sunday, October 15, 2000 - 07:22 pm http://www.foreclosureleads.com/ online data, nationwide, $368 flat fee, NO foreclosure data in NM or AZ. Bummer.
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| | Sunday, October 15, 2000 - 07:28 pm http://www.foreclosureworld.net/ Seems to be the exact same as the above link. I'm not even going to bother filling out 50 fields to find out there's nothing in AZ or NM. Pretty rude to take all that personal info like address and phone number, income etc, etc, and not give back ONE thing. This is getting real tiring.
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| | Sunday, October 15, 2000 - 07:40 pm http://www.foreclosurenet.net Bank and Government foreclosures It's a nice free tool to see what's available in your area. "You can access the ForeclosureNet database for 7 Days... Absolutely FREE! After the 7 Day Free Trial Period, the standard subscription fee of $19.95 per month will be charged. To avoid the monthly subscription fee, simply cancel your subscription prior to the expiration of the Free Trial Period. You may use your 7 Day Free Trial Period one time only." This is the best deal yet. Unfortunately, BANK foreclosures aren't helpful in my area. There's ONE. Most sellers here carry financing, and that's the type of foreclosure I'm looking for.
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| | Sunday, October 15, 2000 - 08:36 pm http://www.foreclosure.org/ Finally a site with CONTENT. I haven't read everything, but there's some good stuff. Lots of links too!
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| | Monday, October 16, 2000 - 06:03 pm Try this link, it's free. Links to HUD, VA, FAnnie and Fredie http://www.hud.gov/homesale.html
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| | Monday, October 16, 2000 - 09:04 pm Thanks Don, I'm looking for PRIVATE party foreclosures though. Mostly land, conventional lenders don't usually finance that. Willing to pay for good data too!
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| | Tuesday, October 17, 2000 - 06:04 pm If I remember, your in AZ. Why not buy up defaulted tax liens. This way if your money sitting your collecting the interest. If they don't redeem, you can foreclose on you tax liens. AZ is one of those good states to do this in as they have decent tax lien laws. You may find the tax liens easier than the private parties. Also, you tax lein certificates tax priority over the mortgages. Could get some REALLY cheap deals as most people want to buy the residential stuff.
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| | Tuesday, October 17, 2000 - 08:19 pm You're right about the tax liens, I actually bought some manuals off the net a couple of years ago. There is some competition here, I know people who bought tax certs. You still got to know what kind of property you might get to own. Fortunately there's no swamps, but the middle of the desert with no water or polluted land isn't that great either. I want to see the foreclosures to get a feel for the market. Real estate people here are NOT helpful. When I asked the broker what the "market value" on a way overpriced property was, she replied "whatever it is worth to you." She shrugged when I responded I was interested in knowing what I'd get when I wanted to sell. I got no comps, nothing. The deeds are all written "for 10 dollars and other consideration" and the property tax isn't based on the sales price, so you can't calculate the sales price as in California. I know that there is 2-tiered pricing: cash (new loan) or seller finance. Most sellers finance. This is all new to me, not at all like the Bay Area. I'm considering signing up with Dataquick again, IF they got more than the "$10 +" for the sales price data. Foreclosures are really interesting because you get to know the local investors, you learn market value fast, and best of all, you might get a ton of great info from the person foreclosed on. If they don't shoot you, that is. As I do a lot of recreational "driving around," I always like to do something useful while I'm out there. I pick up flyers and magazines, but that's just not good info. Since I'm NOT finding much gold, maybe one day I'll find those private, yet 4WD accessible 160 acres with water ... CHEAP! Really appreciate your reminding me of the tax certs, I KNOW that inch of paper is somewhere here and I got to check it out. Forgot all about it. Thanks!
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| | Wednesday, October 18, 2000 - 05:34 pm Also, depending on the location you are in---- you might look into an organization called REIA--Real Estate Investors Association. They have local and national chapters. Great group of investors with good advice. try http://www.reia.org. This is the national site I think. You could also run a search on the web. I think these people can help you with values and teach you a few tricks of the trade.
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| | Friday, October 20, 2000 - 10:54 am Thanks, I DO recall the name, and did belong to an investor club in the Bay Area for a while. It was very interesting and definitely worthwhile. They focused on commercial and investments properties, I learned a lot. I'll check REIA out.
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| | Wednesday, October 25, 2000 - 06:29 pm Christine, so your a real estate investor. How and when did you start? I'm in a very good area in Florida and this is why I moved here. Although I've haven't bought anything yet, I'm looking and learning. Give me some advice please!
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| | Wednesday, October 25, 2000 - 07:23 pm Just read your "About me". You've definately been there done that. Would love any advice you can offer regarding real estate. I am debating on several different techniques and would like to stick to one basic idea for now. Do you buy and hold, be a landlord, build, or what?
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| | Wednesday, October 25, 2000 - 07:32 pm June, you can read how I got started at "about me" when you got some spare time. It nearly turned into a book! Advice? "Listen to everyone. Trust nobody. Verify everything."
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| | Wednesday, October 25, 2000 - 07:58 pm Missed your previous post. There's no such thing as general advice. It all depends on how much cash you got, what your market is like, what you WANT to do, where you want to be in a few years, what your skills are ... The safest investment is your home. I *like* to remodel and improve property. Combine that with the tremendous tax advantages of selling your residence, it's MY preferred way to invest. I'm gonna go paint now.
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| | Thursday, October 26, 2000 - 05:12 am That advice pretty much sums it up! Thanks. I am listening to everyone and verifying everything and my trust certainly has to be earned. I think I could learn a lot from you too. Oh, and I love this site.
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| | Friday, April 06, 2001 - 03:13 am I would like to find a list of residential forclosures in Pinellas County, Florida. Any suggestions from this list?
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